Cryptocurrency Mining For Dummies 2. Ausgabe

He's a miner, crypto-finder, and his darling ol' Dogecoin

Bad parodies of folk songs aside, cryptocurrency miners are kind of like the old gold prospectors of the 1800's. Instead of a pan and pickaxe, their tools are sophisticated computing rigs (some filling warehouses) used to power sophisticated cryptocurrency transactions. The reward for this work is newly issued coins, sometimes worth tens of thousands of dollars. This fully updated version of the book carries on the work of explaining how cryptocurrency mining works and how to get in with either a fully functional mining rig, as part of a larger mining pool, or an investor in a mining operation. It updates the content on the latest services and markets for miners as well as the cryptocurrencies driving the highest value and most interest.

Inside...
Where mining fits in the world of cryptocurrency A tour of the different types of mining How to create a pool account Advice on selecting the best currency to mine Instructions on building a rig Tips on evaluating profitability Insight into riding out market swings